Bitcoin Lightning Network Explained! Strike + BlueWallet Tutorial

Published: 13 September 2021
on channel: Rhett Reisman - Level Up Your Brain

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In this video I review my favorite Bitcoin lightning network app, Strike and my favorite Bitcoin lightning wallet - the BlueWallet (we also touch on a cool integration you can set up between your Umbrel lightning node and the BlueWallet).

I explain why the lightning network exists, how lightning network fees work, and why the lightning network is important - and will be even more important to making Bitcoin a viable medium of exchange (as we've started to see in El Salvador this past week) going forward! Additionally we go through a lightning network tutorial using Strike together with the BlueWallet.

⚡️ Checkout Strike the fastest cheap way to buy Bitcoin! Verify your Account and Earn $5: https://rhett.blog/strike

☂️Guide for linking BlueWallet to Umbrel: https://community.getumbrel.com/t/gui...

💸 Western Union Fees: https://www.westernunion.com/us/en/we...

Intro 0:00
What is the Lightning Network? 0:38
Using BlueWallet 2:50
Strike Feature Review 6:18
Lightning Network Tutorial: Strike + BlueWallet 8:38
How Do Lightning Network Fees Work? 10:27
Why The Lightning Network Is Disruptive Innovation 11:07

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